greeksoup/ stock research

Ezcorp (EZPW) FY2019 results: revenue $847 million, up 4.3% on the year

Ezcorp Inc. (EZPW) reported revenue of $847 million for fiscal 2019, the year ended 30 September 2019, up 4.3% on the year before. Net income was $3 million, down 93.2%, and diluted earnings per share $0.04. The figures are the company's own, from the 10-K it filed with the SEC on 5 December 2019.

Revenue
$847 million
+4.3% on the year
FY2012FY2019
Operating margin
5.5%
8.3% a year earlier
FY2012FY2019
Net income
$3 million
-93.2% on the year
FY2012FY2019
Diluted EPS
$0.04
-93.8% on the year
FY2012FY2019

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2019FY2018FY2017On the yearLast 8 years
Revenue847812748+4.3%
Cost of revenuen/an/a267
Gross profit494482436+2.7%
Gross margin58.4%59.3%58.2%
Operating income47.067.153.0-30.0%
Operating margin5.5%8.3%7.1%
Interest expense32.627.827.8+17.3%
Pre-tax income4.255.542.7-92.5%
Income tax2.418.411.1-86.9%
Effective tax rate57.6%33.1%26.0%
Net income2.537.331.4-93.2%
Net margin0.3%4.6%4.2%
Diluted EPS$0.04$0.64$0.58-93.8%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2019FY2018FY2017On the yearLast 8 years
Operating cash flow10489.050.7+16.3%
Capital expenditure38.840.525.0-4.0%
Free cash flow64.748.525.7+33.3%
Free cash flow margin7.6%6.0%3.4%
Cash from investing-27.8-134-13.4
Cash from financing-19816853.4
Depreciation and amortisation28.825.523.7+13.0%
Share-based compensation9.810.85.9-9.6%
Buybacks0.00.00.0
Diluted shares, weighted56m58m54m-3.3%

Balance sheet

$ millionFY2019FY2018FY2017On the yearLast 8 years
Shareholders' equity745743662+0.3%
Non-controlling interest0.0-3.3-2.4
Debt239417285-42.8%
Operating lease liabilities153n/an/a
Other liabilitiesn/a85.579.6
Total liabilities and equity1,0841,2421,024-12.7%
Fixed assets67.473.658.0-8.5%
Goodwill301299255+0.4%
Intangible assets68.054.932.4+23.9%
Cash and equivalents158285164-44.8%
Receivables10.918.919.5-42.4%
Inventory179167154+7.4%
Other assets300343341-12.5%
Total assets1,0841,2421,024-12.7%

10-K for the year ended 30 September 2019, filed 5 December 2019: the filing.